Short Position on USDNOK according to the previous analysis

2020-02-12 14:21:53

Finally, price has been broke the daily structure after making a triple top as we expected according to the previous analysis. Right now price is correcting the previous bearish movement. We are waiting for breakout of the hourly corrective structure to enter the short position to the previous daily support zone as well as 1.61 of Fibo level.
Will update the idea in case of breakout.

https://www.tradingview.com/chart/USDNOK/CnUmlXbc-Possible-short-position-on-USDNOK/